2017 MKD to AOA Historical Review

YEARLY HIGH

3.2428 AOA

YEARLY LOW

2.8070 AOA

YEARLY AVERAGE

3.0430 AOA

2017 MKD to AOA Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the MKD to AOA exchange rate experienced significant fluctuation. The market reached its absolute peak on September 8, valuing the pair at 3.2428. Conversely, the yearly low was recorded on January 3, dropping to 2.8070.

This high-to-low spread represents a total annual volatility of 0.4358 AOA. From a start-to-finish perspective, comparing the January average rate of 2.8667 to the December average rate of 3.1918, the exchange rate registered a net change of 11.34% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 3.2428 was up 4.96% compared to the 2016 peak of 3.0896, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 16,214 AOA

2016 Average 14,643 AOA

Yearly Trough Low 14,035 AOA

Transaction Impact: A difference of 2,178.92 AOA purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

3.2449

2.8318

JanuMarcMayJulySeptNove

MKD to AOA Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 2.9162, compared to 3.1698 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.2536 points.

H1 Avg (Jan–Jun) 2.9162

H2 Avg (Jul–Dec) 3.1698

Volatility Range Comparison

Volatility

The most volatile month in 2017 was July, with a trading range of 0.1205 AOA (High: 3.1749 / Low: 3.0543). On the other end, February was the most stable month, with a tight range of 0.0645 AOA (High: 2.9046 / Low: 2.8402).

July Spread (Volatile) ±0.1205

February Spread (Stable) ±0.0645

Growth Streaks & Declines

Trends

Between February and September, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 7 straight months. Conversely, the sharpest month-over-month decline occurred between September and October, when the average rate fell by 0.0437 points.

Longest Streak 7 Mo.

Sharpest MoM Drop -0.0437

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (September 2017: 3.2105) against the same month in 2016 (average: 3.0143), the exchange rate shifted by +0.1962 (+6.51%).

2017 Avg (September) 3.2105

2016 Avg (September) 3.0143

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	2.9109	2.8070	2.8667
February	2.9046	2.8402	2.8662
March	2.9146	2.8309	2.8764
April	2.9497	2.8537	2.8855
May	3.0285	2.9282	2.9805
June	3.0751	3.0010	3.0219
July	3.1749	3.0543	3.1055
August	3.2307	3.1573	3.1793
September	3.2428	3.1635	3.2105
October	3.1968	3.1278	3.1668
November	3.2154	3.1235	3.1646
December	3.2371	3.1641	3.1918